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Backup Offers

7444 Ostrom Ave, Van Nuys, CA, 91406

$750,000

Home List Price

$8,906*

Closing Credit

3 Bedrooms
1 Full Bath
1,100 SqFt
$682/SqFt
House

Location

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7444 Ostrom Ave, Los Angeles$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Single, Garage
Attached Garage1 space
Year Built1950
HeatingCentral
CoolingCentral Air
FireplaceLiving Room
ViewNone
MLS #PW24143498
Lot Size0.14 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 7444 Ostrom Ave

Great Starter Home with Massive Upside! Discover the potential of this exceptional investment property nestled in the heart of Van Nuys, near beautiful Balboa Lake. This unique opportunity is perfect for homeowners or investors eager to capitalize on prime real estate in a highly desirable area. Plus, an additional bedroom and bath (not officially permitted) provide extra space for value-adding improvements and your imagination! This charming single-story home offers ample room for enhancements. Ideally situated in a vibrant Van Nuys community known for its blend of convenience and charm, residents will appreciate the close proximity to Balboa Lake, as well as a variety of amenities, including shopping centers, dining options, and recreational facilities. The location also provides easy access to major transportation routes, making commutes and travel a breeze. Whether you're looking for your next home or investment, don't miss out on this fantastic opportunity in Van Nuys, CA. Schedule a viewing today and discover the endless possibilities!

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 1
  • Living Area: 1,100 SqFt

Listing Office:

  • Office Name: Troy Mire, Broker
  • Office Phone: (562) 244-7963
  • Listing Agent: Troy Mire

Interior Features

Interior Information:

  • Interior: All Bedrooms Down
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Door-Single, Garage

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: West of Balboa Blvd & South of Saticoy St

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $682/SqFt

Tax Information:

  • Annual Amount: $6,108
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

7444 Ostrom Ave vs Los Angeles

120 DAYS ON ROCKET

+82 Days

$750,000

-$273.4K Less

$682/SqFt

+$41 More

KEY TAKEAWAY

This property is $273.4K less than the Median Sold Price and $41/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24143498

Listing Office:

  • Office Name: Troy Mire, Broker
  • Office Phone: (562) 244-7963
  • Listing Agent: Troy Mire

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 31, 2017Home Sold
$168,500
Feb 25, 2000Home Sold
$170,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,108$499,308
2020$5,926$494,190
2019$5,830$484,500
2018$2,831$475,000
2017$2,831$225,116

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-385351
4
/10

  • Anatola Avenue Elementary School

  • 7364 Anatola Ave

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-385352
7
/10

  • Stagg Street Elementary

  • 7839 Amestoy Ave

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-385353
7
/10

  • Gault Street Elementary School

  • 17000 Gault St

  • 0.54 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,633. The majority of Los Angeles, CA residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7444 Ostrom Ave

What is the listing price of this property?

The listing price of 7444 Ostrom Ave property is $750,000.

What type of property is this?

The property 7444 Ostrom Ave is a house located in Van Nuys, California, 91406.

Is this property for sale now?

Accepting Backup Offers: 7444 Ostrom Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,108 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 31, 2017 for $168,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7444 Ostrom Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 7444 Ostrom Ave is 1,100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7444 Ostrom Ave is 1950.

Rocket Homes›California›Los Angeles County›Los Angeles›91406›7444 Ostrom Ave

This home is located at 7444 Ostrom Ave in Van Nuys, CA and zip code 91406 in the Lake Balboa neighborhood. This 1,100 square foot home, which was built in 1950, sits on a 0.14 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $750,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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